The United States has no intention of granting any further sanction waivers to Iran crude oil buyers, the U.S. special representative for Iran, Brian Hook, said this weekend, as quoted by Reuters, just as Iran’s top oil buyers Japan and South Korea restart their purchases of Iranian crude. Speaking on the sidelines of an oil industry conference in the UAE, Hook said “We are not looking to grant any waivers or exemptions to the import of Iranian crude,” adding “Iran is now increasingly feeling the economic isolation that our sanctions are imposing … We do want to deny the regime revenues.” In November, when the U.S. sanctions against Iran returned, the State Department announced sanction waivers for eight major Iranian oil importers, among them China, India, Japan, South Korea, Turkey, Taiwan, Italy, and Greece. However, Washington made it crystal clear these waivers were temporary and the eight countries were […]